FBR appoints Junaid Jalil Khan as Member Customs Operations
ISLAMABAD: FBR Chairman Rashid Mahmood Langrial appointed Pakistan Customs Service (PCS) basic scale 21 officer Muhammad Junaid Jalil Khan, Chief...
No plans to close Utility Stores Corporation, assures minister Tanveer
ISLAMABAD: Federal Minister for Industries and Production Rana Tanveer Hussain has dismissed reports suggesting that the Utility Stores Corporation (USC)...
Connectivity disruption hampers ATM withdrawals across Pakistan
KARACHI: A significant disruption in connectivity between several banks and 1LINK - the primary interbank network in Pakistan - caused...
Pak-US trade witnesses over 9pc surplus in July 2024: SBP
ISLAMABAD: Pakistan’s goods and services trade with the United States (US) witnessed a surplus of 9.62 per cent during the...
Shakeup in FBR as PM dismayed at revenue collection shortfall
ISLAMABAD: Prime Minister Shehbaz Sharif expressed his anger at the performance of FBR (Federal Board of Revenue) as the department...
FBR proposes 1pc increase in WHT tax rates effective Oct 1
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a one percent increase in all withholding tax rates effective October...
Finance Minister holds review meeting with Pak-Kuwait Investment Company
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a meeting with the leadership of Pak-Kuwait Investment Company...
CCoSOEs deliberates on management, strategic direction of key SOEs
ISLAMABAD: Minister for Finance and Revenue Senator Muhammad Aurangzeb presided over a meeting of the Cabinet Committee on State-Owned Enterprises...
KPRA achieves record tax collection of Rs7.1b
PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) has achieved a record tax collection of Rs7.1 billion in the first two...
Petrol & diesel smuggling threatens closure of Pakistan’s oil industry
ISLAMABAD: A significant rise in the smuggling of petrol and diesel has raised serious concerns within the oil industry, prompting...
FCCI Guardians Fund set up for police martyrs
FAISALABAD: The FCCI Guardians Fund has been established to help out families of police martyrs of district Faisalabad. Dr Khurram...
FTO action yields Rs17.3b in refunds
LAHORE: Advisor to Federal Tax Ombudsman Dr Waqar Arain has said the intervention of FTO has been particularly impactful in...
Pakistan proposes plan to IMF for electricity price cut
ISLAMABAD: Pakistan has presented a plan to the International Monetary Fund (IMF) that includes a proposal to reduce electricity prices...
Roshan Digital Accounts surpass $8.4b in remittances
KARACHI: The volume of remittances sent by overseas Pakistanis through Roshan Digital Accounts (RDA) has surpassed $8.416 billion, according to...
Chines company to invest in renewable energy
ISLAMABAD: Minister for Board of Investment, Privatization and Communications Abdul Aleem Khan was assured by Hexing Electrical, Chinese Group to...
FBR collects Rs1,588b in Jul-Aug 2024-25
ISLAMABAD: Federal Board of Revenue (FBR) has collected gross revenues of Rs1,588 billion during the first two months of the...
Punjab launches operation to check fuel quality at petrol pumps
LAHORE: The Punjab provincial government has launched a grand operation targeting petrol pumps in a significant move to ensure the...
Just 277 retailers step up under Tajir Dost Scheme
ISLAMABAD: As many as 277 retailers have contributed a total of Rs503,632 in taxes under the Tajir Dost Scheme, shows...
SBP injects Rs9.2 trillion into market
KARACHI: The State Bank of Pakistan (SBP) injected Rs9,218 billion in the market on Friday through reverse repo purchase and...
US, UAE & UK top 3 destinations of Pakistani exports during July 2024
KARACHI: The United States (US) remained the top export destination of Pakistani products during the first month of the current...
